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When it comes to the markets, academics, professionals and novice investors have one thing in common: They all operate on assumptions that fail to hold up in the harsh light of reality. The following are a sampling of observations about how markets really work:
'Everybody, and I mean everybody who has an investment portfolio will profit from reading this book...kudos to the author for offering the investing world an uncommonly worthwhile book.' (forexpros.com, 12th Novemebr 2012) '...Mr Schwager's book starts off with plenty of sound, basic advice... before expertly demonstrating that a leveraged exchange traded fund is a dreadful investment because of its structure, being almost bound to disappoint' (The Economist, January 2013) 'Full of common sense' (Pensions World, February 2013)See all Editorial Reviews
Loved the fist half and I really liked the style of this book. It debunks so many myths in the investment world but somehow I think this book will only serve the intermediate +... Read morePublished 24 days ago by Robert Kirk
Mr. Schwager should stick to interviewing trading wizards. What a waste of moneyPublished 3 months ago by Sau Cheung
I love Schwager's takedown of the ludicrous Efficient Market theory. That chapter is worth the price of the book. Read morePublished 13 months ago by R. Jaeger
Very well written and easy to understand, a must read for any one who is passionate about stocks and equity marketsPublished 16 months ago by Amazon Customer
He provides a lot of detail on the many facets of investing. At times I felt I was reading a reference book. Read morePublished 17 months ago by Fascinated explorer
Most of the material in here is covered in Schwager's other books, but there are one or two chapters that are new and worth reading. Read morePublished 24 months ago by AcedOut
A bit different from market wizards in that there is more numerical analysis and a bit harder to read. Still an eye opener.Published on September 1, 2013 by scott
For sure Mr Schwager knows what he is talking about. The book has a lot of information in it. Especially about funds. But its hard read. Not because it isn t organized. Read morePublished on August 21, 2013 by huckelberry
As many others have written, Jack Schwager has written some of the best investing books ever (the Market Wizards books). But he misses by a mile in this book. Read morePublished on July 1, 2013 by Larry P.